
CleanSpark Inc (NASDAQ:CLSK) shares are trading higher Tuesday amid a rise in the price of Bitcoin (CRYPTO: BTC). The company also provided an update on its operational hashrate.
What Happened: Bitcoin is up about 3.65% over a 24-hour period, trading around $105,460 at the time of writing. Bitcoin bounced off the $100,000 level on Monday and gained momentum heading into Tuesday, which has helped lift crypto-related stocks in Tuesday’s trading session.